Finance the purchase of expensive equipment to spread the cost over a period & reduce the strain on your cashflow
Upgrading or replacing equipment your business needs quickly and economically is very important in order to keep the business operating efficiently or to meet increasing demand. Any tangible asset other than property used in the operation of a business may be considered business equipment.
Purchasing the equipment outright can put a substantial strain on your cash flow so many businesses choose to finance expensive equipment to spread the cost over the useful life of the asset in order to make it more accessible. Other times, the business will want to use the capital to invest in other areas. Most of the time, the equipment itself is used as collateral for the loan.
Purchasing the equipment outright can put a substantial strain on your cash flow. Spread the cost of the equipment over the useful life of the asset in order to make it more accessible and retain your working capital for other expenses.
Keep the business operating efficiently or meet increasing demand with the newest and most efficient tools.
With each payment there is interest paid. For most equipment financing terms, the interest paid on the financing payments can be written off as tax deductible.
We use necessary cookies to make our site work. You can change your cookie settings in Cookie Preferences
closeOur use of cookies
We use necessary cookies to make our site work. We'd also like to set optional third-party cookies to help us improve the experience. Using this website will set a cookie on your device to remember your preferences.
For more detailed information, please see our Cookie Policy
Necessary Cookies
These are cookies that are set by Swoop necessary for our website to function.
Third Party Cookies
These are services that are set by Third party companies in order to help us to understand and improve our website, remember preferences and to display advertising.
Necessary Cookies
We require some cookies for the operation of our website, which do not gather information about you that could be used for marketing or remembering where you have been on the internet.
For more detailed information visit our Cookie Policy
Third Party Cookies
These cookies help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.
For more detailed information visit our Cookie Policy
We work with world class partners to help us support businesses with finance
London 18 Soho Square, W1D 3QH, London, UK
Liverpool, Suite 42, 4th Floor, Oriel Chambers, 14 Water Street, Liverpool, L2 8TD
Birmingham, Suite 109, Somerset House, 37 Temple Street, Birmingham, B2 5DP
Aberystwyth, Aberystwyth Innovation and Enterprise Campus
Gogerddan Campus
Aberystwyth University
Ceredigion
SY23 3EE
Dublin Dogpatch Labs, The CHQ Building, Custom House Quay, Dublin, Ireland
Sydney Level 2/477 Pitt Street, Sydney NSW 2000, Australia
Toronto 180 John St, Toronto, ON M5T 1X5, Canada
New York 10154, United States
Cape Town 21 Dreyer Street, Cape Town, South Africa, 7708